U.S. dollar

Chinese yuan strengthens

In China`s spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day.

Feb 05, 2016, 07:38 AM IST

Asian shares firm as U.S. stocks hit records; RBA in focus

The U.S. dollar hovered close to an 11-year high against a basket of currencies while Asian shares firmed in early trade on Tuesday, with sentiment bolstered by another record day on Wall Street.

Mar 03, 2015, 05:53 AM IST

US imposes record fine on BNP in sanctions warning to banks

French bank BNP Paribas has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations it violated U.S. sanctions against Sudan, Cuba and Iran, a severe punishment aimed at sending a clear message to other financial institutions around the world.

Jul 02, 2014, 11:17 AM IST